DASH - DASH/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	DASHUSD
ISIN:

DASH - DASH/USD - 1H - Technical analysis published on 11/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above 32.03 USD

My targets

37.21 USD (+9.74%)

40.62 USD (+19.78%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 32.03 USD remains possible. It is advisable to trade DASH - DASH/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 32.03 USD. The next bullish objective for buyers is set at 37.21 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 40.62 USD. If there is any crossing, the next objective would be the resistance located at 45.15 USD. PS: if there is a bearish break in the support located at 32.03 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

0.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DASH - DASH/USD price is 33.91 USD. On the day, this instrument lost -0.62% and was between 32.35 USD and 35.13 USD. This implies that the price is at +4.82% from its lowest and at -3.47% from its highest.

32.35

35.13

33.91

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of DASH - DASH/USD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, only 7 technical indicators out of 18 studied are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish doji star

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	29.33	30.26	31.14	33.91	45.15	57.04	74.13
Change (%)	-13.51%	-10.76%	-8.17%	-	+33.15%	+68.21%	+118.61%
Change	-4.58	-3.65	-2.77	-	+11.24	+23.13	+40.22
Level	Minor	Major	Major	-	Intermediate	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.11	29.48	31.82	34.19	36.53	38.90	41.24
Camarilla	32.86	33.29	33.72	34.15	34.58	35.01	35.45
Woodie	27.09	29.47	31.80	34.18	36.51	38.89	41.22
Fibonacci	29.48	31.28	32.39	34.19	35.99	37.10	38.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.03	23.44	28.62	32.03	37.21	40.62	45.80
Camarilla	31.45	32.24	33.02	33.81	34.60	35.39	36.17
Woodie	20.93	23.88	29.52	32.47	38.11	41.06	46.70
Fibonacci	23.44	26.72	28.75	32.03	35.31	37.34	40.62

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.97	19.03	20.60	22.66	24.23	26.29	27.86
Camarilla	21.18	21.52	21.85	22.18	22.51	22.85	23.18
Woodie	16.74	18.91	20.37	22.54	24.00	26.17	27.63
Fibonacci	19.03	20.41	21.27	22.66	24.04	24.90	26.29

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.21
MACD (12,26,9):	0.0000
Directional Movement:	-7.16
AROON (14):	-42.86
DEMA (21):	33.92
Parabolic SAR (0,02-0,02-0,2):	34.68
Elder Ray (13):	-0.19
Super Trend (3,10):	35.04
Zig ZAG (10):	33.72
VORTEX (21):	0.9800
Stochastique (14,3,5):	49.88
TEMA (21):	33.73
Williams %R (14):	-50.72
Chande Momentum Oscillator (20):	-0.21
Repulse (5,40,3):	0.2200
ROCnROLL:	-1
TRIX (15,9):	0.0300
Courbe Coppock:	0.74

MA7:	30.91
MA20:	27.80
MA50:	25.03
MA100:	24.79
MAexp7:	33.82
MAexp20:	33.88
MAexp50:	33.48
MAexp100:	32.38
Price / MA7:	+9.71%
Price / MA20:	+21.98%
Price / MA50:	+35.48%
Price / MA100:	+36.79%
Price / MAexp7:	+0.27%
Price / MAexp20:	+0.09%
Price / MAexp50:	+1.28%
Price / MAexp100:	+4.73%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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